What value would there be to the managers at bmds

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Reference no: EM133904150

Problem

Value Income Statement- Baubee Meal Delivery Service (BMDS) provides restaurant to customer meal deliveries for food establishments in a suburban neighborhood. The company provides you with the following information for the third quarter of operations: Sales revenue $ 290,000 Variable costs of operations, excluding labor costs (note a) 76,000 Employee wages and salaries (note b) 71,000 Manager salaries (note c) 39,000 Fixed cost of delivery vans (note d) 22,000 Building costs (rent, utilities, etc.) (note e) 17,200 IT costs including support (note f) 46,000 Notes: a. 5 percent of this cost was wasted due to poor directions given to delivery van drivers. b. 5 percent of this cost was for time spent by delivery van drivers because of poor directions. c. 10 percent of this cost was time taken to address customer complaints. d. The vans have 40 percent unused capacity. e. The building has 25 percent unused capacity. f. The IT system has 40 percent unused capacity. Required: Using the traditional income statement format, prepare a value income statement. Get the instant assignment help. What value would there be to the managers at BMDS from preparing the same information in the following quarters?

Reference no: EM133904150

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